Killing Privatization, Again

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As Allen Sloan of the Washington Post reported last week, President Bush tried to sneak in Social Security privatization into his latest budget proposal. Much reference to the zombie that wouldn’t die and all of that. (Sloan made a good catch, although his remark that Social Security is any sense “unsustainable” is, of course, totally false.) It’s doubtful that Congress will want anything to do with that fiasco again. Just today, Chuck Grassley, chairman of the Senate Finance Committee, blanched at even Bush’s more “modest” cuts to Social Security:

“I have no plans to pursue these proposals,” said GOP Sen. Charles Grassley of Iowa, chairman of the Senate Finance Committee.

The budget that Bush submitted to Congress on Monday proposes eliminating a $255 lump-sum death benefit that has been part of Social Security for more than 50 years. It also urges Congress to cut off monthly survivor benefits to 16- and 17-year-old high school dropouts.

Other Republican luminaries, such as Bill Frist and Dennis Hastert, praised Bush’s budget but specifically offered “no comment” on his measures to take away benefits from impoverished widows. It’s almost enough to make them seem all cuddly inside. Meanwhile, the official position around these parts is that Social Security needs to be expanded, not trimmed—in particular, disability insurance is sorely inadequate for hundreds of thousands of workers at present—but that doesn’t seem to be on the agenda right now.

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THE TRUTH...

is the first thing despots go after. An unwavering commitment to it is probably what draws you to Mother Jones' journalism. And as we're seeing in the US and the world around, authoritarians seek to poison the discourse and the way we relate to each other because they can't stand people coming together around a shared sense of the truth—it's a huge threat to them.

Which is also a pretty great way to describe Mother Jones' mission: People coming together around the truth to hold power accountable.

And right now, we need to raise about $400,000 from our online readers over the next two months to hit our annual goal and make good on that mission. Read more about the information war we find ourselves in and how people-powered, independent reporting can and must rise to the challenge—and please support our team's truth-telling journalism with a donation if you can right now.

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